God no… maybe at some firms but if you look at the recent stories on RR about two reps, Park and Grossman, both had U4s longer than War and Peace. Grossman (a rep in FL) had a 98 page U4 including almost 30 arbitrations, a BK, a termination, and I believe a criminal conviction! Park had two terminations, several arbitrations, and a criminal shoplifting conviction. I know several reps that have something minor on their record which doesn’t seem to be an issue at many places.